As 2013 came and went, there was nary a new Nook tablet in sight. It would be easy to assume Barnes and Noble had given up on tablet hardware, but apparently that's not the case. Instead, Barnes and Noble confirmed it's planning to release a new Nook model sometime this year, though details are sparse -- about the only thing we know is that it's going to be a color device (tablet) as opposed to a black and white model (e-reader).
"We remain committed to delivering world-class reading experiences to our customers through our reading centric e-Ink and color reading devices," B&N said in a statement. "The company is actively engaged in discussions with several world-class hardware partners related to device development as well as content packaging and distribution. As a result, we plan to launch a new Nook color device in early fiscal 2015."
B&N's fiscal 2015 runs through this summer, though the lack of details makes us think a Nook tablet will make a debut towards the end of summertime rather than within the next couple of months.
The company's Nook division made $157 million for the quarter, down more than 50 percent compared to a year ago. Device and accessories sales were $100 million for the quarter, down nearly 59 percent compared to last year. To rationalize its Nook business and contend with sagging sales, B&N said it made certain changes within its organization, including job eliminations after the quarter ended.